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20120928
20121006
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as has paul ryan and certainly the vast majority of republicans in the house. which is a commitment not to raise overall taxes. romney's committed to cutting all tax rates at least 20%. ryan and the house republicans want to go to a top rate of 25% corporate and individual. romney's made it clear. any changes are in the context of keeping overall taxes from going up and making sure the middle class doesn't get hit request higher taxes. it's not a tax increase, he's made that clear. >> mr. secretary, a lot of discussion about whether or not the wealthy or the middle class families in america benefit more from any limit of deductions. >> well, a limit of deductions actually would hurt the wealthy to the extent that we're talking about a deduction that the wealthy take in very, very large amounts. a limit on those deductions makes some sense in terms of a progressive tax system. >> what do you think the plan for the president will be tonight? terms of tax reform, mr. reich? >> the president has said that he wants the so-called buffett rule that is a minimum tax particularly in regard t
, you know, business and the private sector to do better. and when he picked ryan, i thought, all right, it's a clear choice now, the country has a clear choice which way they want to go. but something got lost in the last -- you can just look at the polls where that didn't -- people are not looking at that at this point. they must be looking at something else because we do see president obama leading in most polls. what changed? what's different? >> well, it doesn't help when all the networks run a secret tape about 10,000 times in one week, and i think that really slanted and skewed the news. but i also think that the polling onslaught that comes out that shows him behind, i don't think it's accurate. because i think the filters are closer to a 2008 model. and a 2010 model was dramatically different. the tea party energized in 2009 and came out in 2010, i still think they're energized, and i think the silver lining of the supreme court upholding obama care is, is that those of us in the tea party who think obama care's a disaster for the country, we're all going to turn out because we
private bank, ryan from bimo capital market and our own bob pisani. gentlemen, good to see you. thanks for joining us. nick, if in kt end it's all about earnings, will the markets have a problem given the fact what we're seeing looking at the revenue side of the equation? >> the rate of growth is clearly slowing both on the sales and the earnings front. it's also a game of expectations. for the third quarter the expectations, we've been joking around saying expectations are zero for the quarter since there are no expectations for growth. we think it's going it come in more 4%, 5%. we think the majority of companies are going to beat. the important thing here, we think the expectations for the fourth quarter are too high. while they're too high, we think a majority are going to lower fourth-quarter guidance after reporting. not by the same magnitude as what was last quarter. the cuts are going to come but not be as severe as last quarter. >> brian, what do you think? what are your expectations for earnings going into this quarter? >> they're going to be weak. that's already baked into t
Search Results 0 to 2 of about 3